A universal testing machine is used to subject a material sample or structure to either tension or compression for the purposes of experimentally determining certain engineering properties or characteristics, other functions such as bending, shear. These properties generally deal with the yield strength of a material, ultimate or failure strength or a material or structure, or the stiffness and ductility of a material.
This report contains market size and forecasts of Universal Testing Machine in global, including the following market information:
Global Universal Testing Machine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Universal Testing Machine Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Universal Testing Machine companies in 2021 (%)
The global Universal Testing Machine market was valued at 426.2 million in 2021 and is projected to reach US$ 568.8 million by 2028, at a CAGR of 4.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electromechanical UTM Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Universal Testing Machine include MTS, INSTRON, Zwick/Roell, Shimadzu, ADMET, Hegewald & Peschke, AMETEK(Lloyd), Torontech Group and Keysight Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Universal Testing Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Universal Testing Machine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Universal Testing Machine Market Segment Percentages, by Type, 2021 (%)
Electromechanical UTM
Hydraulic UTM
Global Universal Testing Machine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Universal Testing Machine Market Segment Percentages, by Application, 2021 (%)
Automobile Manufacturing
Aviation and Military
Universities, Research laboratories and Institutes
Electronics
Metallurgical Smelting
Others
Global Universal Testing Machine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Universal Testing Machine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Universal Testing Machine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Universal Testing Machine revenues share in global market, 2021 (%)
Key companies Universal Testing Machine sales in global market, 2017-2022 (Estimated), (Units)
Key companies Universal Testing Machine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
MTS
INSTRON
Zwick/Roell
Shimadzu
ADMET
Hegewald & Peschke
AMETEK(Lloyd)
Torontech Group
Keysight Technologies
Qualitest International
Tinius Olsen
Applied Test Systems
ETS Intarlaken
JINAN SHIJIN GROUP
Suns
TENSON
Changchun Kexin Test Instrument
WANCE Group
Shanghai Hualong
Tianshui Hongshan
Laizhou Huayin
Shenzhen Reger
Hung Ta
Shandong Drick
Jinan Kehui
Jinan Fine
Jinan Liangong
HRJ
Jinan Tianchen Testing Machine Manufacturing
Walter+Bai AG